Generali Asset Management SPA SGR Increases Stock Position in lululemon athletica inc. $LULU

Generali Asset Management SPA SGR grew its position in lululemon athletica inc. (NASDAQ:LULU) by 28.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,338 shares of the apparel retailer’s stock after buying an additional 4,707 shares during the quarter. Generali Asset Management SPA SGR’s holdings in lululemon athletica were worth $3,797,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its holdings in lululemon athletica by 16.2% in the second quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after acquiring an additional 413,062 shares in the last quarter. Invesco Ltd. increased its position in shares of lululemon athletica by 23.3% in the 2nd quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock valued at $406,363,000 after purchasing an additional 322,816 shares during the last quarter. Flossbach Von Storch SE raised its holdings in shares of lululemon athletica by 17.0% in the 2nd quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer’s stock valued at $389,683,000 after purchasing an additional 238,332 shares in the last quarter. Mawer Investment Management Ltd. lifted its position in shares of lululemon athletica by 2.8% during the 2nd quarter. Mawer Investment Management Ltd. now owns 1,359,440 shares of the apparel retailer’s stock worth $322,976,000 after purchasing an additional 36,664 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of lululemon athletica by 10.3% during the second quarter. Franklin Resources Inc. now owns 1,055,574 shares of the apparel retailer’s stock worth $250,783,000 after purchasing an additional 98,439 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

Shares of lululemon athletica stock opened at $210.81 on Friday. The company has a market capitalization of $24.73 billion, a P/E ratio of 14.61, a PEG ratio of 12.82 and a beta of 1.01. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The company’s fifty day moving average is $185.67 and its two-hundred day moving average is $194.40.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same period in the prior year, the company earned $2.53 earnings per share. The business’s revenue was up 7.1% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. As a group, equities analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insiders Place Their Bets

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the sale, the insider directly owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on LULU. Truist Financial cut lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price target on the stock. in a research note on Friday, September 5th. Hsbc Global Res lowered shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 11th. TD Securities reduced their price objective on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Citigroup increased their target price on shares of lululemon athletica from $190.00 to $210.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Finally, Bank of America lifted their price target on shares of lululemon athletica from $185.00 to $220.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-two have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $228.19.

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.